No El Niño Expected This Winter

Photo of Paul Ausick
By Paul Ausick Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

thinkstock
Back in July, the U.S. Climate Prediction Center (CPC) warned that an El Niño weather pattern was forming in the eastern Pacific Ocean, threatening the Northern Hemisphere with a warmer, drier weather pattern for the coming winter. The weather pattern weakened over the past few months and yesterday the CPC discontinued its El Niño Watch.

The agency did say that weather conditions similar to the El Niño pattern may still emerge, but “it is now considered less likely that a fully coupled El Niño will develop.”

Last year’s La Niña pattern gets the blame for the severe drought conditions in the Southwest. A La Niña pattern cools the waters in the eastern Pacific and leads to much drier weather in parts of the U.S. The CPC is now predicting that the Northern Hemisphere’s coming winter will not be affected either by La Niña or El Niño.

Wheat prices rose sharply yesterday, to more than $9 a bushel as dry weather from the past summer continues and has affected the formation of the winter wheat crop in the U.S.

Paul Ausick

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for a673b.bigscoots-temp.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618